Question

Aaron Searle, a service station owner from Moscow, Idaho, has been paying $30 per month in fees on his checking account for about a year. He is considering changing banks but fears that the fees will be similar no matter where he banks. He has tracked his high-, low- and average-balance on his account for the last six months and found the following:

In your opinion, would Aaron be better off with a minimum-balance account or an average-balance account to minimize his fees? What other advice would you have for Aaron regarding the avoidance of a monthly fee on hisaccount?